U.S. Markets News
Who is David Einhorn and why is he aggressively shorting Tesla?
During the earnings conference call of Greenlight Capital Re Ltd (GLRE) on Tuesday, hedge fund manager and revered investor David…
Pelosi in the lead for Speaker job as tech, healthcare stocks jump on midterm results
It was a bull run in the US market on Wednesday with the results of US midterm elections meeting expectations.…
The ‘midterm’ shot sends cannabis stocks to a new high
The midterm election has brought cheer to companies doing marijuana-related businesses in the US, despite the uncertainties surrounding regulation of…
Dish stock falls as Netflix continues to woo subscribers away from cable
Dish Network Corp’s (DISH) stock fell at least 1.56% in pre-market trade as the US satellite TV service provider posted…
GE to get rid of consumer lighting business as cash crunch escalates
Engineering giant General Electric (GE) has been on a divestiture spree, in an effort to revitalize its balance sheet. On…
Elon Musk’s SpaceX looks to a $750-million leveraged loan
Tesla (TSLA) sibling and Elon Musk's space exploration company, SpaceX, is planning to seek a leveraged loan of $750 million,…
Marriott International stock falls on weak Q3 top line
Marriott International (MAR) reported a 0.4% decline in earnings for the third quarter as higher costs and expenses partially offset…
Roku Q3 2018 Earnings Preview: Will the rollercoaster ride continue?
If you ever miss the fair rides, you just take a look at the stock graph of Roku Inc. (ROKU)…
Companies reporting earnings this week: Nov 5-9
A slew of major companies are reporting earnings this week. Generic drugmaker Mylan Inc. (MYL) will announce third-quarter earnings on…
Eight importers get respite from the US to resume Iran oil trade
The United States of America on Friday announced that it would temporarily allow eight importers to resume buying Iranian oil…